A car whose cost is ₹9,00,000 will depreciate to a scrap value of ₹1,20,000 in 12 years. Which of the following statements are correct ?

(A) The annual depreciation is ₹65,000

(B) The book value of the car at the end of the fourth year is ₹6,40,000

(C) The book value of the car at the end of the sixth year is ₹5,00,000

(D) The book value of the car at the end of the fifth year is ₹5,75,000

Choose the correct answer from the options given below:

Which of the following statements are correct about the compound annual growth rate (CAGR) ?

A. CAGR is a compounded annual return of an investment.

B. CAGR is calculated by using the final and beginning value of an investment.

C. CAGR can be used to calculate and communicate the average growth of a single investment.

D. CAGR can be used to demonstrate and compare the performance of investment advisors.

Choose the correct answer from the options given below:

The fomula for calculating compound annual growth rate of an investment is:

[F.V = final value of the investment, P.V = starting value of the investment, n = investment period]

A person wishes to purchase a house for ₹ 39,65,000 with a down payment of ₹ 5,00,000 and balance in equal monthly installments (EMI) for 25 years. If bank charges 6% per annum (compounded monthly), then EMI on reducing balance payment method is:

[Given $(1.005)^{300} = 4.465$]

Which of the given statements are true?

(A) Coupon rate is the annual interest rate paid by the bond issuer to the bond holder.

(B) Bonds can only be issued by government entities.

(C) A sinking fund is a fixed term account.

(D) If discount rate = coupon rate for a bond, then present value of the bond= face value of the bond

Choose the correct answer from the options given below:

Which of the following statements are correct?

(A) In the sinking fund a fixed amount at regular intervals is deposited.

(B) Sinking fund is a long-term account which can be closed any time.

(C) In a saving account, any amount, any time can be deposited.

(D) Sinking fund can be used only for the purpose it was created.

Choose the correct answer from the options given below:

The scrap value of a machine costing ₹ 75,000 after 4 years of use is ₹ 25000. Using straight line method the annual depreciation of the machine is: